Tag: recession

Oil plummets to disasterous record low

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Post date April 29, 2020

Cost Futures Group elderly account executive Phil Flynn states he's never seen a day like this for oil costs in his job. FOX Service' Lauren Simonetti says after 2 strong weeks on the marketplace, oil dragged down the significant standards.

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Trump: I wanted a payroll tax cut but the Dems wouldn’t give it to us

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Post date April 29, 2020

Trump hit back at Democrats throughout his conference with Florida Guv Ron DeSantis.

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FOX Service Network (FBN) is an economic news channel providing real-time info across all systems that influence both Main Road and also Wall Surface Road. Headquartered in New York– the business resources of the globe– FBN released in October 2007 and is just one of the leading service networks on tv, having actually topped CNBC in Organisation Day visitors for the 2nd consecutive year in 2018. The network is readily available in almost 80 million houses in all markets throughout the United States. Had by FOX Firm, FBN is a system of FOX Information Media and has bureaus in Chicago, Los Angeles, and also Washington, D.C.
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Kitco News

This “explosive” metal set to skyrocket, and it’s not gold

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Post date April 28, 2020

While gold is a secure financial investment and must be possessed throughout economic downturns, uranium's basics look more positive for a large price move in the brief to tool term, this according to Lobo Tiggre, primary analyst of the Independent Speculator.

Speaking to Kitco News, Tiggre claimed that the collapse in uranium's supply has actually produced a real problem, while the demand for nuclear energy is inherently less unpredictable than that of oil's.
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The Fed’s growing balance sheet will drive gold prices higher – Murenbeeld & Co.

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Post date April 23, 2020

Central banks and federal governments all over the world are flooding economic markets with liquidity as well as this will press inflation pressures greater in addition to gold costs, according to Chantelle Schieven, head of research study at Murenbeeld and Co

. The research study firm has updated its forecasts for this year, claiming that prices can push over $1,800 an ounce by 4th quarter of this year.

Longer term, prices might push over $2,000 by the end of following year, Schieven stated.
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Gold prices should still hit $2,000 this year, but can silver keep up?

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Post date April 16, 2020

Gold prices were down slightly on Wednesday, however in the medium-term, fundamentals must still push costs towards the $2,000 an ounce level, this according to Expense Baruch, president of Blue Line Futures.

" I think gold will see $2,000 this year, I assume once we get above $1,800 it will certainly be a fast transfer to $1,900," Baruch informed Kitco News.
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Steve Moore predicts another Great Depression if economy remains closed

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Post date April 11, 2020

Former Trump elderly financial advisor Steve Moore on exactly how the U.S. can stabilize security throughout coronavirus and resume the U.S. economy.

FOX Service Network (FBN) is a financial news network providing real-time info across all systems that affect both Key Street as well as Wall Road. Headquartered in New York– the business resources of the world– FBN released in October 2007 and is the leading company network on television, covering CNBC in Company Day visitors for the second consecutive year. The network is offered in greater than 80 million residences in all markets throughout the United States. Had by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and also London.

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Saudi Arabia, Russia reportedly agree to cut oil output

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Post date April 10, 2020

The PRICE Futures Team Senior Planner Phil Flynn gives on OPEC's digital conference and also its effect on the oil market.

FOX Business Network (FBN) is an economic news network supplying real-time information across all systems that impact both Key Road and Wall Street. Headquartered in New York– business funding of the world– FBN released in October 2007 and also is among the leading business networks on tv, having actually covered CNBC in Service Day audiences for the 2nd consecutive year in 2018. The network is offered in greater than 80 million homes in all markets throughout the United States. Had by FOX Firm, FBN is a device of FOX Information Media as well as has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Coronavirus causes dairy farmers to dump 25,000 gallons of milk a day

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Post date April 10, 2020

Coronavirus has brought about a drop in milk demand, leading dairy farmers to dispose milk down the tubes. FOX Service' Grady Trimble with extra.

FOX Organisation Network (FBN) is an economic information network providing real-time info across all platforms that influence both Main Road as well as Wall Street. Headquartered in New York– business funding of the world– FBN introduced in October 2007 and also is among the leading service networks on television, having topped CNBC in Service Day visitors for the second consecutive year in 2018. The network is readily available in greater than 80 million houses in all markets across the USA. Had by FOX Company, FBN is a system of FOX News Media as well as has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Sen. Loeffler talks reopening economy, rejects insider trading accusations

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Post date April 9, 2020

Sen. Kelly Loeffler, R-Ga., denies accusations of intentionally marketing huge quantities of stocks prior to coronavirus striking Wall surface Road. She additionally goes over the path to reopening the UNITED STATE economic situation.

FOX Organisation Network (FBN) is a financial news channel delivering real-time information across all systems that influence both Key Street as well as Wall Road. Headquartered in New York City– the business resources of the world– FBN launched in October 2007 as well as is among the leading business networks on television, having topped CNBC in Company Day audiences for the second consecutive year in 2018. The network is readily available in greater than 80 million homes in all markets across the USA. Owned by FOX Firm, FBN is an unit of FOX Information Media and also has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Max Keiser explains why only gold, silver and bitcoin can save you now

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Post date April 8, 2020

During unpredictable market problems, investors must be seeking properties that stand for shops of worth, like gold, silver, and bitcoin, this according to Max Keiser, host of the Keiser Record.

" The following alternate hard money, besides silver, is bitcoin, which's why you see passion in bitcoin now, it's up this year. It is among the few markets in the world that's up in 2020," Keiser told Kitco Information.
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Kitco Information is the world's # 1 source of metals market details. Our videos feature meetings with prominent industry figures to bring you market-affecting understandings, with the goal of helping people make informed investment decisions.

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